Which of the Following Is an Example of a Factoring

question 165

Multiple Choice

Which of the following is an example of a factoring agreement?

• A) Selling an individual account receivable to a bank
• B) Selling financial securities that are collateralized by accounts receivable
• C) Pledging an single large account receivable to a bank
• D) Assigning a group of accounts receivable as collateral for a loan

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